SEIM

SEI Enhanced U.S. Large Cap Momentum Factor ETF

$44.92
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SEI Enhanced U.S. Large Cap Momentum Factor Index.

Overview

ETF tracking SEI Enhanced U.S. Large Cap Momentum Factor ETF

Category Large Cap
Issuer Other
Inception Date 2022-05-18
Market Cap $935.6M
Average Volume N/A
Dividend Yield 0.62%
52-Week Range $32.02 - $46.84
VWAP $44.92

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SEI Enhanced U.S. Large Cap Momentum Factor Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of large-capitalization U.S. stocks that exhibit positive momentum characteristics.

✨ Key Features

  • Focuses on large-cap U.S. stocks with positive momentum
  • Passively tracks the SEI Enhanced U.S. Large Cap Momentum Factor Index
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Momentum risk: Stocks with positive momentum may not continue to outperform
  • Concentration risk: The ETF is concentrated in large-cap U.S. stocks
  • Limited performance history: With a short track record, the ETF's long-term performance is uncertain

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with positive momentum characteristics as part of a diversified portfolio. However, due to the limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.